Tag: Costs
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Commercial Costs of Building a Backyard Pickleball Court
Pickleball is booming, and more homeowners than ever are thinking about building a court in their own backyard. If you’re considering it too, it’s smart to understand the commercial costs involved and what factors can impact your budget before you get started. In this article, I’ll break down the typical costs of building a backyard…
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The Hidden Costs of Overlooking Drainage Infrastructure Design in Construction Projects
Construction projects, particularly large-scale construction projects, require meticulous planning to stay on schedule and within budget. Yet, one critical factor often underestimated in the early phases is drainage infrastructure design. Overlooking proper drainage planning can lead to delays, structural instability and costly rework. Flooding, soil erosion and regulatory setbacks can disrupt timelines and inflate budgets.…
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PLA use didn’t increase project costs, Illinois study finds
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Project labor agreements in Illinois did not have a statistically significant effect on projects’ construction costs, as the award amounts for winning bids were not higher on PLA projects compared to those without PLAs, after accounting for…
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Construction materials costs rise for third month on tariff pressures
Dive Brief: Construction input prices increased 0.5% in March, while nonresidential input prices climbed 0.6%, both unusually steep jumps, according to an analysis by Associated Builders and Contractors of U.S. Bureau of Labor Statistics data. Both overall and nonresidential input prices are now 0.8% higher than a year ago and sit more than 40% higher…
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Eradicating the common mistake that can lead to higher construction costs
Experts at RNDV, a group of companies with a long-term experience in electrical installation, shipbuilding and complex construction management, say cutting costs for critical competences, such as project management, can lead to costly downtimes and unforeseen situations. It can inflate the budget, causing delays and, therefore, erosion of profits. Kaziulis continues: “Sometimes, to save money…
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Consumer unit replacement costs? What can expect to pay
Knowing how much you are going to have to budget for consumer unit replacement costs is a smart move. If you have an old fuse box that hasn’t been changed in the last 20 or more years, there’s a good chance it will need replacing. It’s crucial that the electrics in your home are up…
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Bathroom Renovation Costs in New York: What to Expect?
The dream of a spa-like sanctuary or a sleek, modern bathroom escape within the bustling confines of New York City remains a powerful aspiration for homeowners. But as 2025 unfolds, transforming that vision into reality requires more than just design flair. Navigating the increasingly complex landscape of renovation costs, particularly in the face of new…
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‘Plan early’ — homebuilders warned building costs are set to rise 12% by 2030
Homebuilders and renovators face a challenging landscape as building costs are set to rise by 12% over the next five years, according to the latest forecast from the Building Cost Information Service (BCIS). With tender prices also expected to increase by 15% and new work output predicted to grow by 19%, those looking to build…
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7 Data Sources That Cut Project Costs and Time
Every project, no matter how big or small, is a race against time. The longer it takes, the less profitable it is. And while shortcuts can save time, they can also lead to accidents. Striking the right balance between efficiency, productivity, profitability and ensuring worker safety is always the goal but recent data shows construction…
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Gordian Data Shows Modest Rise in Construction Costs for 2025
Gordian, provider of data-driven solutions for all phases of the building lifecycle, reported that construction costs continued to increase slightly faster than inflation heading into 2025, with labor wages rising by an average of 4.1% over the past year. This analysis is based on today’s release of 2025 RSMeans Data. While construction materials, equipment and…